Bedrock Networks, the network integration specialist, has today announced that it has been acquired, by the Matrix Communications Group. The deal, comprising of cash and shares, sees the acquisition of Bedrock for £2.42m (pending performance targets), to become part of the UK's fastest growing IT supply and integration group.
David Grant, managing director of Bedrock Networks who co-founded the company with Deborah Casey said: "Matrix is a formidable force in the UK IT market and its track record of providing blue chip customers with leading-edge best-of-breed solutions is first rate. Bedrock Networks’ experience in the data market will compliment the existing expertise in this technology area held within the Group.”
Ian Smith, CEO of Matrix Communications, said: "In harmony with the Matrix Group, Bedrock Networks consistently delivers innovative, value added and tailored solutions for its customers. It has demonstrated excellent growth for such a young company and will integrate within the Group adeptly.
Bedrock Networks has a commitment to best-of-breed rather than best-of-brand. This is something reflected throughout all the companies in our group and something which our customers clearly benefit from."
About Bedrock Networks:
Bedrock Networks (www.bedrocknetworks.com) is a "Next Generation" Network Integration Company focusing on the provision of "Best of Breed" high performance products and services. Bedrock's comprehensive relationship management program and "Flexible Professional Service" offerings provide a unique framework allowing Enterprise and Service Provider customers to partner with Bedrock on the design, implementation, operation and life cycle maintenance of mission critical IP Backbone Networks and Data Centres. By working in partnership with Bedrock Networks, customers are able to significantly reduce their total cost of network ownership whilst ensuring maximum network availability and performance.
About Matrix Communications Group:
Matrix Communications Group (www.matrixplc.co.uk) focuses on providing customised performance solutions for its customers using a ‘best of breed’ approach incorporating the world’s foremost technology manufacturers. The Group's skills in Network Infrastructure, Voice over IP, Security and Storage are augmented by its own Distribution and Support Services divisions.
Matrix is unique in that it retains “in house” expertise through its technology divisions that it then integrates on behalf of its customers. It is the only top 20 specialist integrator in the UK that does not partner with Cisco Systems and as such is able to provide an entirely independent approach for the customer.
Gareth Moss, Clarity Public Relations
Tel: 0118 925 5975
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